The Australian 28/9/12
New Kid Jetstar Japan off to a Flying Start
"The airline has just added it's fifth Airbus A320 aircraft and expects to have 13 by the end of the financial year as it heads towards it's initial commitment of 24 planes"
"Ms Hrdlicka would not say when she expected the Japanese joint venture to break even, noting only that it was ahead if it's business case and was maintaining a cost advantage"
So Qantas International must show a return on the cost of capital before more money is put into capital expenditure. Meanwhile the folly's in Asia continue.
Rumour has it that Qantas has already poured near $600 million into JQ Asia & for what return?